Two things to control
Morning folks,
BlackRock ETF file has made an explosive action in the news and triggered strongest rally on BTC of a last time. Technically this is good sign for the bulls, pointing that BTC starts new extension mode.
Usually you're watching for two things on this stage. First is - market has not changed its mind and erased the rally. Second - strong support areas where you could consider long entry.
For now, 28.30-28.80 looks interesting. Besides BTC was at daily overbought, which makes a bit deeper retracement probable.
BlackRock ETF file has made an explosive action in the news and triggered strongest rally on BTC of a last time. Technically this is good sign for the bulls, pointing that BTC starts new extension mode.
Usually you're watching for two things on this stage. First is - market has not changed its mind and erased the rally. Second - strong support areas where you could consider long entry.
For now, 28.30-28.80 looks interesting. Besides BTC was at daily overbought, which makes a bit deeper retracement probable.
ForexPeaceArmy BTC analytics :
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
forexpeacearmy.com/r/author/11/sive-morten-blog
FX, GOLD:
forexpeacearmy.com/community/forums/sive-morten-currencies-and-gold-video-analysis.122/
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